Banks, Cyber and Black Eyed Peas

As we head into New Year’s weekend, I find myself reading a lot of year in review and next year outlook material. I am a big fan of the overviews and outlooks but try to avoid those prognosticators making specific predictions they insist are actionable right now for the low, low cost of your retirement accounts. I find that by reading a bunch of the overviews, I can begin to develop a picture of potential developments and obstacles an industry or market my face in the New Year. I won’t act on them today but being aware of what might happen allows me to have a game plan ready if the events do unfold in the manner.

I probably spend more time on banking and real estate outlooks than anything else since that is where I focus much of my attention. Of course, I also believe that if you understand what is going on in the banking sector and real estate markets of a given city, town, nation or continent you know everything you need to know about the economy of that locale.

Deloitte, the global audit, consulting, financial advisory, risk management, and tax consulting firm released their Banking and Securities Outlook 2017 this month, and there are some key takeaways for us as investors. The company thinks that post-election may have brightened the outlook for banks and securities firms, but challenges still exist. Banks will face significant technology challenges in 2017 and will probably have to spend some money to build and protect a new model of banking in a Fintech world.

Deloitte is equally confidently caution about the overall economy saying “US gross domestic product (GDP) growth should be higher than in 2016, reflecting a tighter labor market. However, this almost-full employment is far from ideal ...

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Todays Pre-market show. Banks and a REIT

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REITs, Reading and Rum

I spent some time today talking with Brad Case about the REIT and real estate markets going into the New Year. Brad is a Senior Vice President, Research & Industry Information at the National Association of Real Estate Investors and ...

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Holiday Stress,Books and Profitable Inactivity

December is rolling along, and we are edging ever closer to the Holiday. I am starting to talk to some folks who are in a dead panic about what to get from old Uncle Fred or Joe in the office ...

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Risks, Real Estate and Reality

After a two week hiatus, I am back with my regular weekly ramblings and ruminations on markets and anything else that strikes my fancy. One week was missed due to Thanksgiving of course but the week prior my wife ha ...

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Forecasts, Small Banks and Hot Stoves

Once again the forecasters got it all wrong. Hillary was supposed to win a huge Electoral College victory, and stocks would rally on the continuation of the status quo. If a miracle happened and Trump won, we would see a ...

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Bankers, Memories and Winter is Coming

While everyone else is trying to trade around earnings season I find it far more valuable to sit back, relax and read what the people running the business say about their company. I find this particularly useful when it comes ...

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Real Estate, World War III and the Chicago Cubs

Just to mix things up a bit this week I will send out my weekly piece on Wednesday instead of Thursday. Tomorrow I will be hoping on a plane to fly to Chicago as my daughter and her husband have ...

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Debates, Fantasy Land and the Whipping Post

The debate had been over for about a hot minute last night when I started getting the “Stocks to buy for a Clinton Presidency” started to hit my email inbox. Today I got several “Stocks to buy for Trump Presidency ...

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A Dangerous World, the New Normal and Literary Anticipation

It's getting a little scary out there. The US and Russia are flirting with armed conflict in Syria, and there is shooting in Yemen today as the US took out some Yemeni coastal radar sites after they fired missiles ...

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Banks , REITs and Big Storms

It has been an interesting past couple of days with the wildcard games both coming to exciting, albeit heartbreaking conclusions. If the rest of the playoffs have the same quality of play, this year will be something special to watch ...

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Yield Seeking, Adult Toys and Chinese Birth Rates

It has been a busy two weeks around Chez Melvin since I last sent out a Thursday note. Between the trip to Atlanta for the FIG Bank Conference and the weekend venture down to Sanibel for our anniversary, I was ...

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